India has expanded portfolio investment access by allowing any individual resident outside India to invest in listed Indian companies. The amendment widens the investor base while retaining safeguards for sensitive investments and ownership changes.
Revised ECB framework allows broader borrower and lender participation while eliminating fixed interest spread ceilings. Borrowing limits are now linked to financial strength instead of rigid thresholds.
The Budget outlines a shift toward simpler and more open foreign exchange rules. The key takeaway is easier access and compliance for overseas individual investors.
The scheme allows eligible taxpayers to disclose undisclosed foreign assets or income with immunity from prosecution. The key takeaway is certainty and closure for small, non-wilful defaulters.
RBI’s LSF framework offers a cost-effective, simplified, and time-bound route for resolving procedural lapses under the OI regime. With the sunset date of August 22, 2025, drawing closer, stakeholders must act swiftly to assess their compliance status and avail of the LSF facility where eligible.
Introduction: The Foreign Exchange Management Act (FEMA) aims to regularise movement in forex to/from India. All forex transactions are bifurcated in capital account and current account transactions requiring different reporting reequipments for each set of transactions. One of such requirements under FEMA is to submit an Annual Performance Report (APR) which contains details of overseas […]
Explore the legal framework, exemptions, and compliance challenges surrounding the obligation of foreign companies to file income tax returns in India. Learn about transfer pricing requirements and the implications of non-compliance.
Explore the impact of India’s tax disallowance on delayed payments to MSMEs. Understand the new Section 43B(h) and its implications on businesses. Learn about the criteria for classifying Micro and Small Enterprises.
